More than 77 Ways to Raise Money for Your Business

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1. Accounts Receivable Financing

Accounts receivable financing is also know as “factoring.” It is a popular form of raising capital for an existing business. Factoring is most suited for a business that has a large volume of receivables. It works through a specialist factoring company that advances the value of a percentage of the receivables to your business, less a fee, and assumes the responsibility to collect the factored funds. Factored receivables usually realize between 50% and 90% of value depending upon the likelihood of collection identified by the factoring company.

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